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XAUUSD Gold Bearish Pressure Remains below 1218.

XAUUSD Gold Bearish Pressure Remains below 1218.

As we are receiving requests about Gold  we’d like to update our latest setup:

XAUUSD Gold Bearish Cypher

If we see a daily closing below 1218 the targets will be 1207 and 1198.
We can see a minor retracement at 1198 – 1200 region towards 1207 – 1.217 region. ( We will send the entry notification with TP And SL to members )

Our ultimate targets as mentioned in the attached idea.
No major fundamental reasons supporting Gold -0.47% Prices.

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XAUUSD Gold: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

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